Carnival is on the Downside

Carnival (CCL), a large cruise and vacation company, is on the downside since its price experienced a double top in January 2005. The Price Direction Indicator (PDI) peaked in late December 2004 and as of March 21, 2005 PDI is still on the downside.

Do not buy CCL while it is on the downside.

The total return per day is clearly in a downtrend.

The Complete Trading Model (CTM) cumulative percent winners peaked in late December 2004 and are on the downside.

The Complete Trading Model (CTM) cumulative returns peaked in February 2005 and are on the downside.